1196 State Route 505, Toledo, WA 98591
Local realty services provided by:Better Homes and Gardens Real Estate Equinox



1196 State Route 505,Toledo, WA 98591
$745,900
- 3 Beds
- 2 Baths
- 1,518 sq. ft.
- Single family
- Active
Listed by:nick shivers
Office:keller williams realty portland central
MLS#:315163659
Source:PORTLAND
Price summary
- Price:$745,900
- Price per sq. ft.:$491.37
About this home
Motivated seller—bring all offers! This unique property features two homes on 5.58 acres with development zoning, rental income potential, and sweeping mountain views. Ideal for multi-generational living, future expansion, or investment, the main home offers an open-concept layout with luxury vinyl plank flooring, quartz countertops, a large island, pantry, and sliders that open to the backyard. The primary suite includes a private bath and walk-in closet, plus two additional bedrooms, a full bath, and laundry room. The second home, a well-maintained manufactured unit, includes LVP flooring, an eat-in kitchen with pantry, two bedrooms (including a walk-in closet), a full bath, and laundry with backyard access. Enjoy on-site walking and ATV trails, a covered patio, RV parking, and tranquil natural surroundings. There’s more than enough room to build a huge shop or expand with additional structures. Live in the main home and rent the manufactured for $1,800/month, or live in the manufactured and rent the main home for $2,300/month—instant income either way. Located minutes from Wallace Pond, Hwy 505, I-5, and local dining. Zoned for 8,000 sq ft lots with potential commercial use, this property offers more than a home, it offers opportunity. Listed at $765,000.
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Home facts
- Year built:2020
- Listing Id #:315163659
- Added:202 day(s) ago
- Updated:August 14, 2025 at 11:13 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,518 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Heat Pump
Structure and exterior
- Roof:Composition
- Year built:2020
- Building area:1,518 sq. ft.
- Lot area:5.58 Acres
Schools
- High school:Toledo
- Middle school:Toledo
- Elementary school:Toledo
Utilities
- Water:Public Water
- Sewer:Septic Tank
Finances and disclosures
- Price:$745,900
- Price per sq. ft.:$491.37
- Tax amount:$4,448 (2024)
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